For this particular analysis on TEZOS we are using the XTZUSDT symbol on the Phemex exchange.
The idea is on the 1D time-frame where Tezos is shown trading within a Channel Down on the log scale. It has been trading below the 1D MA50 (blue trend-line) since April 07 and despite the May 12 rebound on the Lower Lows trend-line of the Channel, the...
XTZ has formed a bullish accumulation pattern at the bottom and now it's broken towards the upside.
I am expecting a 38% rise in this bull run.
XTZ Buy limit@ 1.908
Target 1, 2.16(+12.8%)
Target 2, 2.36(+23.8%)
Final T.P 2.64(+38%)
Risk management tip,
Use 10% of account max with 10x leverage.
Which is the safest stablecoin?
USDC gained in market capitalization while USDT slipped billions of dollars post UST fiasco.
Stablecoins form a crucial part of the crypto ecosystem bridging traditional currencies and crypto assets. They contribute to more than 90% of the all crypto transactional volume on a daily basis. It has received widespread adoption mainly...
XTZ oversold on Daily and 4hr time frames. Expecting a nice little pullback to $2.08 range or to the local support zone. Strong coin overall, and it is trending up for the long term. Bullish overall on daily.
Previous idea linked below
The price is testing the 4h resistance on the triangle.
The price had a breakout from the dynamic resistance and now the market is testing the 0.618 Fiboancci level. If you look on the left you can see that the price has a supply zone on 2 - 2.1 $
How to approach it?
The price needs to create a clear breakout from that area.
If the price is going to get momentum...
The price lost the support after the breakout from the channel.
the market had the demand zone on the 2.9$ and now the price could flip the demand zone to the supply zone.
The price had a false breakout from the monthly resistance on the 3.9$ where the price got the liquidity for the bearish impulse.
How to approach?
The price could retest the demand zone as...
With green lines, I indicated the reversal week and strong impulses main set of positions will occur now, as well as on the breakdown of upward support from the bottom up and consolidation above the rising global support
Tz1and, a metaverse project based on the Tezos ecosystem (XTZ) has been slowly gaining some traction lately. Is it an early stage project worth investing in? A look at how it stacks up against the other major metaverse platforms out there.
Project - World Explorer? / Decentralized? / Selling Points
tz1and - Yes / Yes / Support of artist communities and indie...
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(XTZUSDT 1W Chart)
Anything below 1.942 is likely to be a mid- to long-term investment area.
From a mid- to long-term perspective, to continue the uptrend, it needs to rise above 2.822.
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
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Boarded at 667 fib. I don't want to see the price down there anymore. If we come down again, I won't trade it. Next resistance to be expected in the -AOI above. From there, BE and close 50% of the position.
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for XTZUSDT
The price started its falling trend since April 3, and after forming this long-term resistance line and reaching for at some points, it was not able to move over it and then it was rejected. Also you see the support line at the bottom which shows the...
Hello everyone, in this analysis I used a moving average weight with a period of 100 and a symmetrical triangle pattern, it is a strong analysis that requires a lot of patience, be successful and professional.
Here we can see $XTZ is fighting the psychological $2 level. It was our old support (green arrow) currently flipped into new resistance (red arrows). Shorting here with the stop loss just above our last 2 highs (double top?) around $2.011 gives us a great risk/reward trade setup for the short term. Good luck!
Our TEZOS chart shows a promising rebound to 2.998 could be in play.
Price has support at 1.823 that has already been checked, as well as resistance at 2,04. After that level the rise should be able to accelerate.
FOOD FOR THOUGHT:
LUNA's disaster could be good news for Tezos: www.nytimes.com